Finance minister: Govt has enough money to continue fuel subsidy amid rising global crude oil prices

August 19, 2022

See, we aren’t in trouble? Till we are.

Dateline 2022-06-10, Malay Mail:

The government still has sufficient funds to continue to provide fuel subsidy to the people despite rising global crude oil prices.

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said the government still has enough money and will continue to support the people in terms of protecting their livelihoods, especially that of the vulnerable groups.

“Our inflation target (this year) is still within what we have said before ― between 2.3 and 3.3 per cent,” he told reporters after the launch of the Khazanah Sustainability Framework & Targets: Investing in a Sustainable Transition 2022 here, today.